Common use of Automatic Preauthorized Payments Clause in Contracts

Automatic Preauthorized Payments. CSG and its third party ACH Originator shall provide automatic payment deduction which will occur monthly on a date predetermined by Customer. CSG will submit a file to the ACH Originator three (3) business days prior to the date the deduction is scheduled to take place. The Subscriber payment amount submitted to the ACH Originator will be the statement balance if the statement balance is less than the current balance or if the statement balance is greater than the current balance, then the current balance will be used. If the designated date for deduction falls on a weekend and/or holiday, the deduction will not occur until the next scheduled banking day.

Appears in 1 contract

Samples: CSG Master Subscriber Management System Agreement (CSG Systems International Inc)

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Automatic Preauthorized Payments. CSG and its third party Customer's ACH Originator shall provide automatic payment deduction which will occur monthly on a date predetermined by Customer. CSG will submit a file to Customer's the ACH Originator three (3) business two days prior to the date the deduction is scheduled to take place. The Subscriber payment amount submitted to the ACH Originator will be the statement balance if the statement balance is less than the current balance or if the statement balance is greater than the current balance, then the current balance will be used. If the designated date for deduction falls on a weekend and/or holiday, the deduction will not occur until the next scheduled banking day.

Appears in 1 contract

Samples: Installation Services and System (CSG Systems International Inc)

Automatic Preauthorized Payments. CSG and its third Customer’s third-party ACH Originator originator shall provide automatic payment deduction which will occur monthly on a date predetermined by Customer. CSG will submit a file to the ACH Originator three originator ***** (3*) business days ******** **** prior to the date the deduction is scheduled to take place. The EPS Subscriber payment amount submitted to the ACH Originator originator will be the statement balance if the statement balance is less than the current balance or if the statement balance is greater than the current balance, then the current balance will be used. If the designated date for deduction falls on a weekend and/or holiday, the deduction will not occur until the next scheduled banking day.

Appears in 1 contract

Samples: CSG Master Subscriber Management System Agreement (CSG Systems International Inc)

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Automatic Preauthorized Payments. CSG and its third party ACH Originator shall provide automatic payment deduction which will occur monthly on a date predetermined by Customer. CSG will submit a file to the ACH Originator three (3) business two days prior to the date the deduction is scheduled to take place. The Subscriber payment amount submitted to the ACH Originator will be the statement balance if the statement balance is less than the current balance or if the statement balance is greater than the current balance, then the current balance will be used. If the designated date for deduction falls on a weekend and/or holiday, the deduction will not occur until the next scheduled banking day.

Appears in 1 contract

Samples: CSG Master Subscriber Management System Agreement (CSG Systems International Inc)

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